Why did RBI governor Shaktikanta Das-led MPC not cut repo rate despite GDP shocker? Top 5 points to know
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RBI MPC meeting: The Reserve Bank of India (RBI) maintained the repo rate at 6.5% while reducing the Cash Reserve Ratio (CRR) to 4%. The RBI acknowledged a growth slowdown, revising the GDP forecast to 6.6% and increasing the inflation estimate to 4.8%.
Foreign investors sold Rs 21,201 crore worth of shares in Indian equity markets in August, following continuous inflows in June and July. The selling was […]
Rakesh Gangwal, co-founder of IndiGo, purchased $100 million worth of Southwest shares, between $29 and $30 each, following a trading window opening. This comes amid […]
